Transport & Logistics

CCCS files PID against several warehouse operators

The issuance was the result of an investigation that occurred last August 2018.

ESR-REIT chief exec to serve as CEO of ESR-LOGOS REIT manager

The appointment will be official should the merger of ESR-REIT and ALOG push through.

ComfortDelGro acquires Aussie assets for $6.74m

The group will acquire Rothery's Coaches in Queensland.

J21 Imports owner fined $5.63m for tax evasion on 464 motor vehicles

The 464 motor vehicles were covered between June and November 2016.

Four ways the LTA plans to cut carbon emissions

Every HDB town will soon have charging points for electric vehicles.

How Carzuno is the Netflix for cars and why it works

This first car subscription platform in Singapore seeks to provide an alternative to car ownership. 

Grab loses its grip with $1.1b loss for Q4

Around $3.6b total loss was recorded for FY2021.

Jardine C&C's 2021 profit attributable to shareholders 83% higher

However, it remains 9% lower than pre-pandemic levels. 

ComfortDelGro doubles net profit to $130.1m in 2021

The group attributed the 114% growth to their services bouncing back.

Mapletree Logistics Trust boosts South Korea presence with $100.3m acquisition

The company's e-commerce revenue exposure in South Korea is expected to increase to 36%.

SingPost’s operating profit rises 46% YoY to $38m

The increase was driven by higher profit in domestic post and parcel.

SG launches first sea-based VTL from Indonesia

Singapore hopes the VTL will help gradually restore transport connectivity.

Mapletree Logistics Trust to acquire two land parcels in Malaysia for $21m

The property is located in Subang Jaya, a logistics hub. 

ComfortDelGro increases taxi fares for the 1st time in 10 years

The move aimed to help cab drivers defray higher operating costs.

Services firms less optimistic about business in first 6 months of 2022

Across industries, firms in wholesale trade expressed the highest optimism.